(Bloomberg) -- Windstorms Mike and Niklas, which swept acrossEurope last month, killing nine people and severely damaging partsof Germany, probably cost insurers more than $1 billion, Aon Plcsaid.
|The hurricane-force winds also struck portions of the U.K.,Netherlands, Switzerland, Austria and Poland, the insurance brokersaid Wednesday in a report.
|“The most severe damage was reported in Germany, where treeswere downed, vehicles were toppled, and some structures wereimpacted by localized flooding,” London-based Aon said.
|Areas of Italy and the Balkan nations were battered by a stormearlier in March that led to seven deaths and caused millions ofdollars in economic losses, the report showed. Also last month, theU.S. suffered insured losses in the hundreds of millions of dollarsfrom widespread hail, wind and tornado damage, Aon said.
|Copyright 2018 Bloomberg. All rightsreserved. This material may not be published, broadcast, rewritten,or redistributed.
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